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Waterproofing and Foundation Repair Services Business in Northern NC

Off-Market

Rural Hall, NC

Waterproofing & Foundation Repair Services

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Revenue

$880,000

Earnings (SDE)

$175,000

Margin

19.9%

Year Established

1953

Listed

30+ Days

Customers

90% residential, 10% commercial.

Customer Acquisition

SEO, television commercials, Yelp

Team

Team of 4, including the owner and a key hire/GM. The GM would like to continue post-sale and handles sales and project supervision.

Owner's Role

Owner works in the field in an operational capacity.

Reason for Selling

Time to retire.

Contracts

No

Real Estate

The business owns a 6,000 sq ft building, with 4,000 sq ft of warehouse space and 2,000 sq ft of office space. The business has various equipment, including 2 service trucks, 2 trailers, 4 excavators, 2 skid steers, a track loader, and specialized equipment.

When Are You Looking to Sell

ASAP

Licenses Required

Yes

Additional Notes

The business appears to be declining somewhat in recent years. It serves the Piedmont Triad area of North Carolina, primarily serving residential customers (90%) with some commercial work (10%). The business provides a range of services, including new construction, post-construction, crawl space encapsulation, foundation repair, and more.

Business ID: 1304

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